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In fact, some problems could sneak up on you and could cost you thousands of dollars.

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If the engine internally fails or jumps time.

Regular maintenance like oil changes and timing belt replacements can help prevent engine failure.

Transmission Problems

A failing transmission is one of the most costly repairs in a car.

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Many shops will not attempt to overhaul one of these and only offer a replacement.

Also, some manufacturers do not even sell parts to overhaul them.

This can run you $4,000 to $7,000, he said.

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And if its a major issue, you could be looking at a bill in the thousands.

Electronic heating and air conditioning issuesare common.

Wheel Damage

Wheels, although not a common failure or fixed part.

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It is when youre in a collision or impact a curb.

A replacement OEM wheel can be in the $500 range, Pyle said.

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